Magnus Engineered Equipment Salary

As of July 2026, the average annual salary for employees at Magnus Engineered Equipment in the United States is $75,337. This translates to an approximate hourly wage of $36. Salaries at Magnus Engineered Equipment typically range from $66,254 to $85,488 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Magnus Engineered Equipment Pay for Different Roles?

Explore detailed salary information for specific jobs at Magnus Engineered Equipment. Based on our data, the highest paying job is the Director of Finance and Accounting, with an annual salary of $191,976. The table below outlines the annual salary ranges for most popular roles within the company.

Sales Manager

$162,882 / year

Salary Range: $141,562 - $186,912

Sales

Technical Performance Specialist - Tooling Tryout

$109,843 / year

Salary Range: $101,182 - $119,364

Engineering

Tooling Tryout Technician

$94,252 / year

Salary Range: $87,084 - $102,477

Engineering

Business Systems Analyst

$86,076 / year

Salary Range: $78,076 - $95,333

Information Technology

Digital Marketing & Content Specialist

$114,029 / year

Salary Range: $101,095 - $128,388

Digital Marketing

Director of Finance and Accounting

$191,976 / year

Salary Range: $169,559 - $217,672

Management

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About Magnus Engineered Equipment: Company Profile

Website
www.magnusequipment.com
Founded In
1921
Employees
25 - 50 employees
Industry
MFG Durable
Headquarter Location
CLEVELAND
Revenue
$10 Million - $50 Million
Phone Number
-
Social Media
About MAGNUS ENGINEERED EQUIPMENT
Since its beginnings in 1921, Magnus Engineered Equipment has firmly established itself as a world leader in the design and manufacture of industrial parts cleaning equipment using specialized immersion cleaning technology. Standard and custom systems are produced for parts cleaning, degreasing, and metal treatment using both aqueous and safety solvent systems for parts ranging from small intricat

Employee Reviews: Insights on Salary, Culture & Work-Life

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Magnus Engineered Equipment's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
Leadership communicates company goals clearly and celebrates team achievements. Safety standards are rigorous, creating a secure workplace environment. The communication channels are open, and employee feedback is genuinely encouraged and acted upon. Processes are followed but could be modernized. Training varies by team and shift.
The competitive wages and comprehensive benefits package show how much the company values its workforce. Competitive pay with solid benefits keeps employees motivated. Onboarding was helpful, but brief. Productivity is fine, and quality standards are enforced. A strong sense of teamwork and accountability keeps this place moving efficiently. Training is comprehensive, and collaboration across shif...
Morale is generally high thanks to regular appreciation events and bonuses. The work environment is positive and collaborative, with regular recognition of employee contributions. There’s a strong sense of teamwork, and management actively encourages open communication, which makes for a much better working day and a positive overall experience. This company genuinely cares about its employees. Th...

Is Magnus Engineered Equipment’s Pay Competitive? Salary Benchmarking Analysis

How does Magnus Engineered Equipment's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
MIDSOUTHPOWER $72,567
-3.7%
MIDSOUTHPOWER likely leverages performance bonuses over the high base salary shown here.
MIES PRODUCTS $74,222
-1.5%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
MICHAEL NELSON LAW $73,169
-2.9%
Indicates identical technical requirements and experience levels between the two firms.
INSINGER MACHINE COMPANY $79,768
+5.9%
Influenced by prevailing union wage agreements specific to INSINGER MACHINE COMPANY's sector.
MFG Durable Industry $121,746
+61.6%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

What Is the Cost of Living Near Cleveland?

Understanding the cost of living near Cleveland is key to truly evaluating a salary offer or your current compensation at Magnus Engineered Equipment.
Cleveland's Cost of Living Index is approximately 77.5 (22.5% less expensive than US average; 14.6% less than OH average). Major city on Lake Erie, medical hub, very affordable housing. RTA bus/rail. When planning your budget based on a salary from Magnus Engineered Equipment, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $850 - $1,300+ A significant portion of Magnus Engineered Equipment salary. Location choices impact this heavily.
Utilities (Basic) $150 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation $95 (RTA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $370 - $550 Can be higher with more dining out or specialty stores.
Personal & Leisure $330 - $630+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $660+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,155 - $3,385+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About Magnus Engineered Equipment

FAQ 1: What is the average salary for employees at Magnus Engineered Equipment?
The average annual total compensation for employees at Magnus Engineered Equipment is approximately $75,337. However, this is an aggregate figure, actual salaries can range significantly, typically from $66,254 to $85,488, depending on factors like job role, experience, and location.
FAQ 2: How much does Magnus Engineered Equipment pay compared to MIDSOUTHPOWER?
The average annual salary at Magnus Engineered Equipment is $75,337, or an hourly wage of $36, in comparison to MIDSOUTHPOWER which pays $72,567 per year or $35 per hour.
FAQ 3: How does having a professional certification impact salary for relevant roles at Magnus Engineered Equipment?
Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Magnus Engineered Equipment for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.
FAQ 4: Does Magnus Engineered Equipment offer cost-of-living adjustments (COLA) for employees in high-cost areas like Cleveland?
While some companies offer formal COLA, many, including potentially Magnus Engineered Equipment, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.
FAQ 5: What's the typical process for salary reviews and raises at Magnus Engineered Equipment?
Most companies, likely including Magnus Engineered Equipment, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.